Solid Power (SLDP) Projected to Post Quarterly Earnings on Tuesday

Solid Power (NASDAQ:SLDP - Get Free Report) will likely be announcing its Q1 2025 earnings results before the market opens on Tuesday, May 6th. Analysts expect the company to announce earnings of ($0.14) per share and revenue of $5.00 million for the quarter.

Solid Power (NASDAQ:SLDP - Get Free Report) last posted its quarterly earnings data on Thursday, February 27th. The company reported ($0.17) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($0.04). Solid Power had a negative net margin of 471.22% and a negative return on equity of 18.08%. The business had revenue of $4.46 million for the quarter, compared to the consensus estimate of $3.85 million.

Solid Power Price Performance

NASDAQ SLDP opened at $1.11 on Friday. Solid Power has a 12 month low of $0.68 and a 12 month high of $2.70. The company has a market capitalization of $202.01 million, a P/E ratio of -2.27 and a beta of 1.44. The company's 50 day simple moving average is $1.10 and its 200 day simple moving average is $1.27.

Analyst Upgrades and Downgrades

Separately, Needham & Company LLC reaffirmed a "buy" rating and issued a $2.00 price target on shares of Solid Power in a report on Wednesday, January 15th.

Insider Buying and Selling

In other Solid Power news, CTO Joshua Buettner-Garrett sold 187,500 shares of Solid Power stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of $1.13, for a total transaction of $211,875.00. Following the transaction, the chief technology officer now directly owns 865,304 shares in the company, valued at approximately $977,793.52. The trade was a 17.81 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 4.90% of the stock is currently owned by company insiders.

About Solid Power

Solid Power, Inc develops solid state battery technologies for the electric vehicles (EV) and other markets in the United States. The company sells its sulfide-based solid electrolyte; and licenses its solid-state cell designs and manufacturing processes. It also produces and sells 0.2, 2, 20 ampere-hour (Ah), and EV cells.

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